# Oorja Protonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oorja-protonics

- Industry: Energy Storage & Batteries
- Headquarters: Fremont, US
- Website: www.oorjaprotonics.com
- Total disclosed funding: $21M
- Latest round: Series E (Feb 12, 2014)
- Investors on record: 4

## About

Oorja Protonics Inc. specializes in developing innovative fuel cell technologies aimed at providing clean and efficient energy solutions for various applications, significantly contributing to the renewable energy sector.Founded in 2004 and headquartered in Fremont, US, Oorja Protonics Inc. focuses on fuel cell technology solutions. The company has engaged in six investment deals, with the most recent funding round being VENTURE DEBT in February 2014, raising USD 0.60 mn, bringing the total amount raised to USD 15.00 mn. The company has received investments from Mingxin China Growth Fund and Duff Ackerman & Goodrich Ventures.Oorja Protonics Inc. primarily develops fuel cell systems that enable efficient power generation for various applications. Their product offerings include clean energy solutions designed to cater to industrial and commercial sectors, focusing on promoting sustainability and reducing reliance on fossil fuels.Oorja Protonics Inc. generates revenue through the sale of its fuel cell systems and related services. The revenue model is based on contracts for installations and ongoing maintenance, supporting its operations and facilitating further development in clean energy technologies.Oorja Protonics Inc. aims to enhance its product line by introducing new fuel cell systems by mid-2025, targeting industrial markets in North America and Europe for expansion. The recent funding raised in February 2014 will be utilized to support product development and market entry strategies.

## Funding rounds

- Series E, Feb 12, 2014 — DAG Ventures, Mingxin Capital
- Series B, Mar 7, 2007, $15M — Hong Shan, DAG Ventures, ARTIS Ventures
- Series A, May 12, 2006, $5.6M — Hong Shan

## Investors

- Hong Shan — Series A, Series B
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series B, Series E
- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series B
- Mingxin Capital (https://capitalatlas.ai/funds/mingxin-capital) — Series E